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Finance

Stay informed with the latest updates and insights in the Charlotte NC finance sector. This category page delivers comprehensive news coverage on various financial topics, including local market trends, investment opportunities, and economic developments that directly impact Charlotte residents and businesses. Discover expert analyses on housing markets, stocks, and economic forecasts that are pertinent to Charlotte NC, ensuring you have the information needed to make informed financial decisions. Whether you are a resident, investor, or business owner, our finance news section offers a wealth of resources tailored to the dynamic economic landscape of Charlotte.

Explore in-depth articles on banking, lending, and personal finance management specific to the Charlotte NC area. Our dedicated team of financial journalists keeps you updated on local financial institutions, industry regulations, and helpful tips to improve your financial literacy. Stay ahead of the curve with coverage on community events, financial workshops, and networking opportunities that connect you with financial experts and resources. Whether you are interested in startup financing or retirement planning, our Charlotte NC finance news category encompasses the essential information you need to thrive financially in one of the Southeast’s most vibrant cities.

Empty desks in a Truist Financial office representing workforce reductions
Business News

Truist Financial Announces Workforce Reductions in Cost-Cutting Plan

Charlotte, North Carolina, December 8, 2025 Truist Financial Corporation has outlined a $750 million cost-cutting initiative that includes significant workforce reductions aimed at enhancing operational efficiency. The plan targets around $300 million in annual savings primarily through layoffs over the next 12 to 18 months. Alongside workforce cuts, the bank intends to restructure operations, consolidate business lines, and lower technology expenditures. Despite the challenges posed by these cuts, Truist emphasizes its

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Dynamic city skyline symbolizing private equity growth
Business News

Lone Star Funds to Sell a Portfolio Company for $4.8 Billion

Charlotte, NC, December 7, 2025 Lone Star Funds, a major private equity firm based in Dallas, has announced an agreement to sell a portfolio company valued at $4.8 billion. The deal is expected to close by the end of Q1 2026, subject to shareholder and regulatory approvals. This transaction underscores optimism in the private equity sector and follows Lone Star’s recent acquisitions, highlighting its aggressive expansion strategy and commitment to enhancing

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Meeting room image displaying merger logos of ITT Inc. and SPX FLOW
Business News

ITT Inc. to Acquire SPX FLOW for $4.8 Billion

Charlotte, North Carolina, December 6, 2025 ITT Inc. has entered a definitive agreement to acquire SPX FLOW for approximately $4.8 billion. This strategic acquisition aims to strengthen ITT’s position across various industrial sectors, including chemical and energy markets. The integration is expected to be finalized by the end of the first quarter of 2026, representing a significant investment in both ITT and the Charlotte economy. The deal’s structure involves cash and

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Illustration of small business owners advocating for reduced credit card processing fees.
Business News

Advocating for Lower Credit Card Processing Fees in Charlotte

Charlotte, NC, December 6, 2025 Small business owners in North Carolina are uniting to advocate for lower credit card processing fees, which represent a significant financial burden. The Credit Card Competition Act is one proposed solution that could allow for greater competition among processing networks. Additionally, House Bill 13 seeks to cap surcharges and enhance fee transparency at the state level. Together, these measures aim to reduce costs for businesses and

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Local business street in Charlotte showcasing small businesses
Business News

Roy Cooper Criticizes Trump Tariffs, Supports Small Businesses

Charlotte, NC, December 6, 2025 Former North Carolina Governor Roy Cooper, now a Democratic U.S. Senate candidate, has voiced strong criticism against the Trump administration’s tariffs, citing their negative impact on local businesses in Charlotte. During a recent campaign event, he emphasized the increased operational costs faced by small enterprises due to these tariffs. His commitment to advocating for policies that support small businesses is increasingly resonating within the local business

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Participants at a financial literacy seminar
Business News

New Financial Seminar Series Launched to Empower Communities

Charlotte, NC, December 5, 2025 Tony Jackson, founder of The Real Money Coach, has launched a financial seminar series aimed at improving financial literacy in Black and Brown communities. With over 30 years of experience, Jackson addresses key topics in retirement planning and financial education, including estate strategies, retirement taxes, and more. Held in culturally relevant venues, these seminars focus on engaging learning to bridge critical knowledge gaps. Positive feedback has

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Graphic showcasing home equity line of credit for self-employed borrowers in Charlotte, NC.
Business News

Deephaven Mortgage Launches Innovative Equity Advantage HELOC

Charlotte, NC, December 5, 2025 Deephaven Mortgage has introduced the Equity Advantage HELOC, a home equity line of credit designed for self-employed individuals in Charlotte, NC. This new financing option allows borrowers to tap into their home equity without refinancing existing low-rate mortgages, utilizing 12 months of bank statements for qualification instead of traditional tax returns. With loan amounts up to $400,000 and flexible terms, this initiative supports local entrepreneurs seeking

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Office scene depicting financial advisors discussing investment strategies
Business News

Horizon to Acquire Anfield Capital Management

Charlotte, N.C., December 5, 2025 Horizon, an investment and technology solutions provider, has announced its acquisition of Anfield Capital Management, a California-based firm specializing in fixed income investing. This move aims to enhance Horizon’s offerings in fixed income products and OCIO services. With approximately $662 million in assets under management, the acquisition is expected to close in the first half of 2026, pending approvals. Horizon’s CEO emphasized the strategic fit and

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Graphic representation of financial technology concepts related to SoFi Technologies public offering
Business News

SoFi Technologies Announces Major $1.5 Billion Public Offering

San Francisco, CA, December 5, 2025 SoFi Technologies has unveiled a public offering of 54,545,454 shares at $27.50 per share, totaling approximately $1.5 billion. This strategic move aims to enhance the company’s capital position and support growth opportunities. The expected closing date is December 8, 2025, underlining SoFi’s confidence in the evolving fintech landscape. As the company utilizes these funds for expansion, it reflects the positive trajectory within the financial technology

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Automated grocery fulfillment center featuring advanced robotics and logistics technology.
Business News

Ocado Secures $350 Million from Kroger Amid Facility Closures

Charlotte, North Carolina, December 5, 2025 Ocado Group plc is set to receive a $350 million payment from Kroger Co. as compensation for the closure of fulfillment centers in Maryland, Wisconsin, and Florida, as well as the cancellation of a facility in North Carolina. This strategic shift aims to enhance efficiency across operational centers while Ocado remains optimistic about future growth despite a projected reduction of $50 million in revenue for

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